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Renewable energy is in high demand for a balanced ecosystem. There are different types of energy storage systems available for long-term energy storage, lithium-ion battery is one of the most powerful and being a popular choice of storage. This review paper discusses various aspects of lithium-ion batteries based on a review of 420 published research papers at the initial stage through 101 published research articles that have been finally reviewed. This review paper focuses on several topics, including electrical vehicle (EV) systems, energy management systems, challenges and issues, and the conclusions and recommendations for future work. EV systems discuss all components that are included in producing the lithium-ion battery. The energy storage section contains the batteries, super capacitors, fuel cells, hybrid storage, power, temperature, and heat management. Energy management systems consider …